Snow nominated to run Treasury

TUESDAY, DECEMBER 10, 2002

President Bush on Monday nominated the executive of a railroad company as his new Treasury Secretary.

John W. Snow, chairman and president of CSX Corp., last served the federal government during the Ford administration. He will be the chief spokesperson for Bush's economic policies, which center on tax cuts.

The Department of Treasury is a named defendant in the Indian trust fund lawsuit. It has earned praise from the federal judge overseeing the case and attorneys representing more than 500,000 beneficiaries as having made key improvements over the years.

U.S. District Judge Royce Lamberth, however, said the department is still in breach of trust to the account holders.

Get the Story:
President Nominates Snow as Secretary of the Treasury (The White House 12/9)
Bush Nominates Snow As Treasury Secretary (The Washington Post 12/10)
Past Remarks May Haunt New Economic Team (The Washington Post 12/10)
A More Polished Version of O'Neill (The Washington Post 12/10)
A Pragmatist at Treasury and Skilled at Communication (The New York Times 12/10)
Nominee Tackles His First Day as Economic Salesman (The New York Times 12/10)
Departure From Cabinet and Niceties (The New York Times 12/10)
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Relevant Links:
The Department of Treasury - http://www.ustreas.gov

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